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MJ
Movement Joint Ventures
Loan Processor
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Based on Virginia data
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What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$47,287 / year median in Virginia
-23% projected decline
Job Description
Loan Processor Movement Joint Ventures - 1.0 Virginia Beach, VA Job Details Full-time $45,000 - $55,000 a year 20 hours ago Benefits Health insurance Dental insurance 401(k) Vision insurance Qualifications Fair Housing regulations Attention to detail Organizational skills Loan application review FNMA Loan processing Full Job Description Job Summary We are seeking a dynamic and detail-oriented Loan Processor to join our thriving financial services team. In this vital role, you will be responsible for managing the end-to-end processing of loan applications, ensuring accuracy, compliance, and timely delivery. Your expertise will help facilitate smooth loan origination processes, support underwriting teams, and uphold regulatory standards. This position offers an exciting opportunity to contribute to a fast-paced environment where precision and efficiency are key to helping clients achieve their financial goals. Duties Review and verify loan application documents, ensuring completeness and accuracy in accordance with FNMA (Fannie Mae) guidelines and other regulatory requirements Coordinate with loan officers, underwriters, and clients to gather necessary information for loan approval Prepare and submit loan packages for underwriting approval, adhering to TILA (Truth in Lending Act), Fair Housing regulations, and mortgage servicing standards Analyze credit reports and financial statements to assess borrower eligibility and risk factors Manage escrow accounts and ensure compliance with contractual obligations related to loans and mortgage agreements Maintain detailed records of all processing activities, including inbound documentation, correspondence, and approval status updates Facilitate communication between all parties involved in the loan process to ensure smooth workflow and timely closings Skills Strong knowledge of FNMA guidelines, underwriting procedures, and mortgage regulations such as TILA and Fair Housing laws Experience in loan origination processes within the financial services or banking sectors Proficiency in credit analysis, contract review, and mortgage servicing operations Excellent organizational skills with the ability to multitask efficiently in a fast-paced environment Basic math skills including 10-key typing proficiency for data entry accuracy Familiarity with escrow procedures, bank operations, and loan processing software systems Ability to interpret complex financial documents and perform detailed credit assessments Join our team as a Loan Processor if you're passionate about delivering exceptional service while ensuring compliance with industry standards. Your expertise will directly impact our clients' journey toward homeownership or financial stability. We value your dedication to accuracy, efficiency, and regulatory adherence—help us make a difference every day!